Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)
The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Zerodha review.
Find out Zerodha Vs Alice Blue which is better and Zerodha Vs Alice Blue which is best.
Our Zerodha comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Zerodha and Alice Blue.
Zerodha Vs Alice Blue
Zerodha
Alice Blue
Find more info about broker
About the Broker
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue o...
Type of Broker
Discount Broker
Discount Broker
Supported Exchnage
NSE, BSE, MCX and NCDEX
BSE, NSE, MCX
Account Type
Flat Brokerage Plan
F20
Broker Enquiry
Year of Incorporation
2010
Number of Branches
22
Enquire Zerodha
Enquire Alice Blue
Zerodha Vs Alice Blue Charges
Zerodha
Alice Blue
Trading Account Opening Fees
₹200 (Trading +Demat)
Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹100
₹0
Demat Account AMC
₹300
₹400
Demat Account is Mandatory?
No
No
Zerodha Vs Alice Blue Brokerage
Brokerage Plan 2
Zerodha
Alice Blue
Account Type
Flat Brokerage Plan
Traditional Plan
Fixed Charges
Equity Delivery Brokerage
₹0 (Free)
0.1%
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Equity Options Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Currency Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Commodity Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
0.01%
Other Charges
Minimum Brokerage Charges
₹0
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹20 per executed order
₹20 per executed order
Zerodha Vs Alice Blue Taxes
Zerodha
Alice Blue
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Zerodha Vs Alice Blue Transaction Charges
Zerodha
Alice Blue
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹1 per trade (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%)
NSE ₹210 per Cr (0.0021%) | BSE ₹1 per trade (each side)
Equity Options
NSE ₹5000 per Cr (0.05%)
NSE ₹5300 per Cr (0.053%) | BSE ₹1 per trade (each side)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
NSE ₹135 per Cr (0.00135%)
Currency Options
NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
NSE ₹4400 per Cr (0.044%) (on premium)
Commodity
Group A - ₹260 per Cr (0.0026%)
Non-Agri ₹360 per Cr (0.0036%) | Agri ₹275 per Cr (0.00275%)
Zerodha Vs Alice Blue Exposure Margin
Zerodha
Alice Blue
Equity Delivery
1x (no margin)
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday
Up to 20x (based on the stock)
Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
Zerodha and Alice Blue Feature Comparison
Zerodha
Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time
3:10 PM
Equity: 3:15PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs Alice Blue Review
Zerodha
Alice Blue
364 Customer Reviews
20 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 364 customer reviews Alice Blue is Rated 4.3 / 5 based on 20 customer reviews
Zerodha Vs Alice Blue Investment Options
Zerodha
Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Alice Blue Customer Service
Zerodha
Alice Blue
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs Alice Blue Order Type Offered
Zerodha
Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Zerodha Vs Alice Blue Research Report
Zerodha
Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs Alice Blue Suitable For Investor Type
Zerodha
Alice Blue
Casual Investor
Active Investor
Trader
Zerodha Vs Alice Blue - Advantages and Disadvantages
Zerodha
Alice Blue
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
More Advantages...
Discount stock broker.
Most advance trading platform.
Free equity delivery trades. No brokerage.
01% or ₹20 whichever is less brokerage for intraday and F&O.
Up to 20x margin in equity intraday.
Demat AMC is free for lifetime for all customers.
More Advantages...
Cons
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹20 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free Demat account.
More Disadvantages...
Online Mutual Fund investment is not available.
Margin funding is not available.
Good Till Cancelled (GTC) orders not available.
Call & Trade is available with additional cost of ₹20 per order.
More Disadvantages...
Reviews
Promo / Offers
Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Free Equity Delivery Trade + Lifetime FREE AMC Demat Account
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
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Zerodha
Zero Account Opening Fee